Which investments can I hold in a Self Invested Personal Pension (SIPP)?
Since 2006, there have been no restrictions on what investments you can hold within a SIPP. However, Her Majesty’s Revenue & Customs (HMRC) can make heavy tax charges for ‘inappropriate’ use of a pension fund, e.g. buying holiday homes, vintage cars, boats etc.
Investments you can hold in a SIPP
Compared to personal and stakeholder pensions, a SIPP offers a far greater choice of investment opportunities. In practice though, very few SIPP providers will accept all types of permissible investments into their products – for example, very few will take unlisted private equity, and not all SIPP providers will accept commercial property.
Investments allowed in personal pension vs Barclays Stockbrokers SIPP
Investments you can’t hold in a SIPPSIPP trustees and administrators will not allow completely unrestricted investment selections that they believe will create or cause a tax charge. Also, under a trustee’s ‘duty of care’, they may not accept assets that: